STUB (NYSE:STUB) Insider Sells $164,266.26 in Stock

STUB (NYSE:STUB) insider Nayaab Islam sold 24,554 shares of STUB stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $6.69, for a total transaction of $164,266.26. Following the sale, the insider owned 8,011,292 shares of the company’s stock, valued at $53,595,543.48. The trade was a 0.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Nayaab Islam also recently made the following trade(s):

• On Thursday, September 3rd, Nayaab Islam sold 110,409 shares of STUB stock. The stock was sold at an average price of $6.66, for a total transaction of $735,323.94.
• On Wednesday, August 26th, Nayaab Islam sold 85,973 shares of STUB stock. The stock was sold at an average price of $6.86, for a total transaction of $589,774.78.
• On Tuesday, August 25th, Nayaab Islam sold 219,736 shares of STUB stock. The shares were sold at an average price of $6.78, for a total transaction of $1,489,810.08.
• On Tuesday, July 7th, Nayaab Islam sold 2,800 shares of STUB stock. The shares were sold at an average price of $14.01, for a total value of $39,228.00.
• On Monday, July 6th, Nayaab Islam sold 54,801 shares of STUB stock. The stock was sold at an average price of $13.03, for a total value of $714,057.03.
• On Wednesday, July 1st, Nayaab Islam sold 2,099 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $27,287.00.
• On Tuesday, June 30th, Nayaab Islam sold 25,400 shares of STUB stock. The shares were sold at an average price of $13.03, for a total value of $330,962.00.
• On Monday, June 29th, Nayaab Islam sold 1,300 shares of STUB stock. The stock was sold at an average price of $13.00, for a total value of $16,900.00.
• On Friday, June 26th, Nayaab Islam sold 25,080 shares of STUB stock. The shares were sold at an average price of $12.05, for a total value of $302,214.00.
• On Monday, June 15th, Nayaab Islam sold 16,720 shares of STUB stock. The shares were sold at an average price of $11.37, for a total value of $190,106.40.

STUB Stock Up 0.2%

Shares of STUB stock opened at $6.61 on Monday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market cap of $2.53 billion and a price-to-earnings ratio of -1.15. The firm’s 50-day moving average is $8.98 and its two-hundred day moving average is $8.68. STUB has a 1 year low of $5.74 and a 1 year high of $27.89.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Garner Asset Management Corp purchased a new stake in STUB during the fourth quarter valued at approximately $92,000. International Assets Investment Management LLC purchased a new position in STUB in the fourth quarter worth $149,000. Baader Bank Aktiengesellschaft acquired a new position in shares of STUB during the fourth quarter worth $1,015,000. Cornerstone Wealth Management LLC increased its position in shares of STUB by 20.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 36,440 shares of the company’s stock worth $493,000 after purchasing an additional 6,070 shares in the last quarter. Finally, Thrive Capital Management LLC purchased a new stake in shares of STUB during the 3rd quarter valued at $1,158,000.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on STUB shares. Morgan Stanley lifted their price objective on shares of STUB from $8.75 to $10.00 and gave the company an “equal weight” rating in a report on Wednesday, June 10th. Wall Street Zen cut STUB from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. JPMorgan Chase & Co. lifted their price target on STUB from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings raised STUB from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 7th. Finally, Oppenheimer decreased their price objective on STUB from $12.00 to $11.00 and set an “outperform” rating for the company in a research note on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.83.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.